Hello,
I think that leveraged ETFs are of no use to anybody except for the people behind them. In addition to managing client assets for an RIA, I teach how to trade options and always tell my students to avoid leveraged ETFs like the plague. Most retail clients dont bother reading the prospectus to know that these are for day trading only or understand the slippage inherently built in to all
I understand with the influx of retail investors in the past couple years there is a need to help protect them from all of the complex investment options out there, however, restricting use is not the answer. It seems at every turn recently, the retail investor is used as the excuse for a problem that is caused by the major hedge fund and market makers. Retail traders do not have the ability to
The ability to freely access leveraged and inverse investment products allows even the small investor both opportunity and protection from market volatility. True, there are some who use these freedoms unwisely, but that is true of anything. Existing safeguards and regulations, in my opinion, are sufficient for the majority of investors, and risk and foolish choices will never be squeezed from
Investing on any asset class should be a personal decision. Those investors that do our due diligence to educate ourselves before investing and that may not be considered 'high net worth' should be able to have the same opportunities than 'high net worth' companies and individuals. I understand the risks and time decay of leverage investments and do not need to
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Transforming the Securities Industry CE Program
FINRA has adopted important changes to its continuing education (CE) and registration rules to train registered persons more effectively while accommodating registered persons
UVXY or SQQQ is THE BEST WAY TO CONSERVE MY CAPITAL during a down market like the present market. We not regulators should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged.
I am a small investor who needs the opportunity to prevent losses due to changes in the stock market. Taking away ability to protect my assets will severely impact my ablity to support myself and my family. Public investments, such as the ones FINRA is proposing to impose special requirements on, should be available to all Americans and not for just the privileged. The proposed changes to #S7-24-
Regulators should not choose the public investments that are right for me and my family. I should not have to go through any special process to invest in public securities. I understand the risk associated with alternative investments and should have the right to do as I choose with my own capital.
The Liquidity Risk Management section of the 2022 Report on FINRA’s Risk Monitoring and Examination Activities (the Report) informs member firms’ compliance programs by providing annual insights from FINRA’s ongoing regulatory operations, including (1) relevant regulatory obligations and related considerations, (2) exam findings and effective practices, and (3) additional resources.
I am vehemently opposed to regulators restricting my ability to invest in leveraged and inverse funds. I have been using such funds for close to two decades -- they are an essential part of my investing approach, allowing me to preserve capital in down markets by investing in leveraged funds using less cash for the same amount of "firepower." Restricting my ability to invest in
